9040 Ramona Street, Bellflower, CA 90706
  • MLS#: OC25117993 ( Apartment )
  • Street Address: 9040 Ramona Street
  • Viewed: 6
  • Price: $5,650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 30
  • Additional Information
  • County: LOS ANGELES
  • City: Bellflower
  • Zipcode: 90706
  • Provided by: Marcus & Millichap RE Invest
  • Contact: Tyler Tyler
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Ramona Street Apartments is a 22 unit multifamily investment property located at 9040 9042 Ramona Street in Bellflower, CA. Located on the border of Bellflower, Lakewood, & Long Beach, Ramona Street Apartments is uniquely placed in close proximity of top destinations and major employment hubs including Lakewood Center, Los Cerritos Center, the Promenade at Downey, and Long Beach Airport, all of which are situated within 4 miles of the property. Furthermore, Ramona Street Apartments proximity to Lakewood Boulevard and State Route 91 provides residents with convenient access throughout Southern California. Ramona Street Apartments offers an attractive mix of one and two bedroom units, averaging over 825 square feet. This diverse mix of floor plans helps the property appeal to a broad renter pool. The property, built in 1961 on a spacious 0.75 acre parcel, features desirable amenities including gated access, ample parking, a swimming pool, an on site laundry facility, and a spacious yard with a communal BBQ and picnic area. In summary, the propertys fantastic location offers residents access to a variety of employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With upside and strong rental metrics, Ramona Street Apartments represents an attractive opportunity for a new owner seeking well located units.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 18216.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 8903.00
Entry Location
  1. First level
Fuel Expense
  1. 8903.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 17600.00
Laundry Features
  1. Community
Levels
  1. Two
Lot Features
  1. Level with Street
Netoperatingincome
  1. 313171.00
Newtaxesexpense
  1. 63320.00
Number Of Separate Electric Meters
  1. 22
Number Of Separate Gas Meters
  1. 22
Otherincome1
  1. 12500.00
Otherincomedescription
  1. Misc
Parcel Number
  1. 7162010043
Pool Features
  1. Community
Postalcodeplus4
  1. 6468
Professionalmanagementexpense
  1. 14966.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 439546818:CRM
Totalexpenses
  1. 185706.00
Trash Expense
  1. 8903.00
Uncovered Spaces
  1. 33.00
Vacancyallowance
  1. 15043
Water Sewer Expense
  1. 8903.00
Water Source
  1. Public
Year Built
  1. 1961
Year Built Source
  1. Assessor
Zoning
  1. BFM1*